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Love-Hate Relationship Between Men and Finance

Mayowa Awe, Financial Controller, Transcorp Group

HHPeople Admin by HHPeople Admin
November 1, 2023
in Features
0

The relationship between men and finance varies greatly from person to person and is influenced by a wide range of factors, including cultural, societal, and individual ones. It’s essential to recognise that there is no universal “love-hate” relationship between men and finance, as people’s attitudes and experiences can be quite diverse.

Love Aspects of Men’s Relationship with Finance:
Means of Achieving Success: Many men view finance as a means to achieve success and provide for themselves and their families, which gives them a sense of accomplishment. This can be a motivating factor for individuals to engage with finance positively.
Improving Quality of Life: Finance is seen as a tool for improving one’s quality of life, offering control over one’s life and the ability to make choices in alignment with personal goals and values. It can lead to a sense of empowerment and fulfilment.
Financial Independence and Stability: Finance offers a path to financial independence, which, in turn, provides peace of mind and stability. This aspect of finance is crucial for building a secure and prosperous future.
Wealth Accumulation: Men often see finance as a means to accumulate wealth, which can be used to fulfil various life goals, including family, homeownership, travel, and entrepreneurship. The ability to achieve these goals can be a source of love for finance.

Hate Aspects of Men’s Relationship with Finance:
Societal Disparities and Inequalities: The existence of disparities and inequalities in society can lead some men to resent finance. The perception of an unfair financial system and the way society defines “success” can be sources of discontent.
Excessive Focus on Wealth: The obsession with wealth and the relentless pursuit of money can make some men resentful of finance. This relentless pursuit can lead to dissatisfaction and a sense of emptiness.
Financial Struggles and Stress: For those struggling with their finances, living paycheck to paycheck, the stress and anxiety associated with financial instability can lead to a dislike of finance. It can affect overall well-being and create a negative perception of the financial world.
Negative Past Experiences: Previous financial setbacks, such as bankruptcy, investment losses, loss of home, or failed relationships, can contribute to a strong dislike for finance based on negative past experiences. These experiences can leave lasting emotional scars.
Impact on Relationships: Financial struggles can strain relationships, leading to conflicts and emotional distress. This can create a hostile attitude towards finance for those who feel it has caused them personal hardship.

The love-hate relationship between men and finance is highly individualised. People’s attitudes and experiences with finance can vary greatly based on their personal backgrounds, values, and experiences. Overall, men’s relationships with money are shaped by both positive and negative experiences, societal factors, and individual circumstances. Recognising this diversity is essential for understanding and addressing the multifaceted nature of personal finance and its impact on people’s lives.

 

 

 

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We are an African proprietary investment company driving Africa’s development through long-term investments in key sectors. We operate businesses that rank among the top three in their sectors

We are an African proprietary investment company driving Africa’s development through long-term investments in key sectors. We operate businesses that rank among the top three in their sectors

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